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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Justa Werkenstiff who wrote (12575)3/18/2000 9:51:00 PM
From: Wally Mastroly  Read Replies (1) of 15132
 
Thoughts on the FED...and rate hikes:

Excerpt:

"..The market is betting that the Fed will raise rates twice by the end of June and a third time by October, according to the Federal funds futures contract. Economists have a similar view, with a good possibility that the Fed funds rate will be 6.50 percent by the end of August..."

cbs.marketwatch.com
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